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About PICTON MAHONEY FORTIFIED SPL SITUAT ETF UNIT
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Inception date
Jul 14, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Picton Mahoney Asset Management
The fund provides long or short exposure in event-driven, credit situations. This includes fixed income securities that are impacted by some form of catalyst such as corporate events, capital structure reorganization, or other opportunistic situations. The fund seeks to profit through income and price movements that can occur over a short to long-term time horizon, providing risk-adjusted return with less volatility than the broader equity and credit markets. The fund primarily invests in North America, although it may invest without constraint globally. To provide exposure to a broad basket of fixed income securities, the fund may invest in other ETFs or mutual funds. Up to 10% of the portfolio may be allocated in equities. The fund may also have some commodity exposure through derivatives. Derivatives are utilized for hedging and non-hedging purposes. The fund also generally expects to utilize a leverage factor of 1.5 to 2.5 times its net assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Stocks1.48%
Communications1.02%
Bonds, Cash & Other98.52%
Corporate143.64%
Securitized0.37%
Government0.25%
Rights & Warrants0.02%
Cash−14.72%
Miscellaneous−31.03%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PFSS last dividends amounted to 0.05 CAD. The month before, the issuer paid 0.04 CAD in dividends, which shows a 24.61% increase.
PFSS assets under management is 43.74 M CAD. It's fallen 3.66% over the last month.
PFSS fund flows account for 8.88 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PFSS pays dividends to its holders with the dividend yield of 3.85%. The last dividend (May 30, 2025) amounted to 0.05 CAD. The dividends are paid monthly.
PFSS shares are issued by Picton Mahoney Asset Management under the brand Picton Mahoney. The ETF was launched on Jul 14, 2021, and its management style is Active.
PFSS expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
PFSS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PFSS invests in bonds.
PFSS price has risen by 2.14% over the last month, and its yearly performance shows a 2.70% increase. See more dynamics on PFSS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.38% over the last month, have fallen by −0.38% over the last month, showed a 0.53% increase in three-month performance and has increased by 7.18% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.38% over the last month, have fallen by −0.38% over the last month, showed a 0.53% increase in three-month performance and has increased by 7.18% in a year.
PFSS trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.